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CMAI inks MoU with China’s Chamber
October 2016
CMAI has signed an MoU with CCCT to explore new business opportunities in apparels and exchange trade and data for mutual benefit.
ASEAN to become ´world´s factory´ in a decade
August 2015
Rising labour costs, among other reasons, have driven Chinese manufacturers to set up operations in Southeast Asian countries. A study by ANZ Bank economists suggest that Southeast Asia would take over from China to become the ´world´s factory´ in the next 10-15 years, citing its youthful workforce and strategic location as catalysts for this shift.
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